Blackhawk Capital Partners LLC. Purchases 941 Shares of Fidelity National Information Services, Inc. (NYSE:FIS)

Blackhawk Capital Partners LLC. boosted its position in Fidelity National Information Services, Inc. (NYSE:FIS) by 12.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,525 shares of the information technology services provider’s stock after purchasing an additional 941 shares during the period. Blackhawk Capital Partners LLC.’s holdings in Fidelity National Information Services were worth $632,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Brown Brothers Harriman & Co. grew its holdings in shares of Fidelity National Information Services by 14.4% in the fourth quarter. Brown Brothers Harriman & Co. now owns 1,317 shares of the information technology services provider’s stock worth $79,000 after purchasing an additional 166 shares during the last quarter. CKW Financial Group increased its position in shares of Fidelity National Information Services by 10.5% during the first quarter. CKW Financial Group now owns 2,100 shares of the information technology services provider’s stock worth $153,000 after acquiring an additional 200 shares during the period. Penbrook Management LLC increased its position in shares of Fidelity National Information Services by 5.1% during the first quarter. Penbrook Management LLC now owns 4,124 shares of the information technology services provider’s stock worth $306,000 after acquiring an additional 200 shares during the period. Vanguard Personalized Indexing Management LLC boosted its holdings in shares of Fidelity National Information Services by 1.2% in the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 19,603 shares of the information technology services provider’s stock valued at $1,178,000 after purchasing an additional 232 shares during the period. Finally, HF Advisory Group LLC boosted its holdings in shares of Fidelity National Information Services by 1.6% in the first quarter. HF Advisory Group LLC now owns 14,590 shares of the information technology services provider’s stock valued at $1,082,000 after purchasing an additional 233 shares during the period. Hedge funds and other institutional investors own 96.23% of the company’s stock.

Fidelity National Information Services Stock Performance

Shares of NYSE:FIS traded down $0.39 during trading on Friday, hitting $75.42. The stock had a trading volume of 2,256,111 shares, compared to its average volume of 3,882,314. Fidelity National Information Services, Inc. has a 12-month low of $46.91 and a 12-month high of $78.73. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 0.59. The stock has a market capitalization of $41.95 billion, a price-to-earnings ratio of -7.37, a price-to-earnings-growth ratio of 0.77 and a beta of 1.06. The stock has a 50-day simple moving average of $75.27 and a two-hundred day simple moving average of $69.21.

Fidelity National Information Services (NYSE:FIS) last posted its earnings results on Monday, May 6th. The information technology services provider reported $1.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.96 by $0.14. The company had revenue of $2.47 billion during the quarter, compared to the consensus estimate of $2.44 billion. Fidelity National Information Services had a negative net margin of 54.14% and a positive return on equity of 13.91%. The firm’s quarterly revenue was up 2.9% on a year-over-year basis. During the same period in the previous year, the firm posted $1.29 earnings per share. On average, equities research analysts expect that Fidelity National Information Services, Inc. will post 4.97 earnings per share for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 24th. Stockholders of record on Monday, June 10th were issued a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a dividend yield of 1.91%. The ex-dividend date was Monday, June 10th. Fidelity National Information Services’s dividend payout ratio (DPR) is -14.08%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. Mizuho upped their target price on Fidelity National Information Services from $76.00 to $85.00 and gave the stock a “buy” rating in a report on Thursday, May 9th. Barclays upped their price objective on shares of Fidelity National Information Services from $83.00 to $85.00 and gave the stock an “overweight” rating in a research note on Thursday, May 9th. Wedbush reissued an “outperform” rating and set a $75.00 target price on shares of Fidelity National Information Services in a research report on Wednesday, May 8th. Robert W. Baird upped their price target on shares of Fidelity National Information Services from $78.00 to $82.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 7th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Fidelity National Information Services from $75.00 to $83.00 and gave the company an “overweight” rating in a report on Tuesday, May 28th. Eight analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $79.32.

Insider Activity at Fidelity National Information Services

In other news, Director Jeffrey A. Goldstein acquired 775 shares of the firm’s stock in a transaction on Monday, April 15th. The stock was acquired at an average price of $72.37 per share, for a total transaction of $56,086.75. Following the completion of the transaction, the director now owns 9,052 shares in the company, valued at approximately $655,093.24. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.20% of the company’s stock.

Fidelity National Information Services Profile

Fidelity National Information Services, Inc engages in the provision of financial services technology solutions for financial institutions, businesses, and developers worldwide. It operates through Banking Solutions, Capital Market Solutions, and Corporate and Other segments. The company provides core processing and ancillary applications; mobile and online banking; fraud, risk management, and compliance; card and retail payment; electronic funds transfer and network; wealth and retirement; and item processing and output solutions.